Synthetic gasoline and explosives (two of the very basic elements of modern warfare), the control of German World War II output was in the hands of two German combines created by Wall Street loans under the Dawes Plan.
The two largest tank producers in Hitler's Germany were Opel, a wholly owned subsidiary of General Motors (controlled by the J.P. Morgan firm), and the Ford A. G. subsidiary of the Ford Motor Company of Detroit. The Nazis granted tax-exempt status to Opel in 1936, to enable General Motors to expand its production facilities. Alcoa and Dow Chemical worked closely with Nazi industry.
General Motors supplied Siemens & Halske A. G. in Germany with data on automatic pilots and aircraft instruments. As late as 1940, Bendix Aviation supplied complete technical data to Robert Bosch for aircraft and diesel engine starters and received royalty payments in return.
In brief, American companies associated with the Morgan-Rockefeller international investment bankers were intimately related to the growth of Nazi industry. It is important to note " that General Motors, Ford, General Electric, DuPont and the handful of U.S. companies intimately involved with the development of Nazi Germany were -- except for the Ford Motor Company -- controlled by the Wall Street elite -- the J.P. Morgan firm, the Rockefeller Chase Bank and to a lesser extent the Warburg Manhattan Bank."
No one will regret the time spent in reading Anthony Sutton's 'Wall Street and the Rise of Hitler,' 1976, available gratis on the Internet (PDF). Sutton was economics professor at California State University, Los Angeles and a research fellow at Stanford University's Hoover Institute from 1968 to 1973
Given the general public ignorance regarding Wall Street responsibility for WW II, Sutton's book invites our flabbergasted attention:
- Wall Street-Nazi Collaboration in World War II; American I.G. in World War II; Were American Industrialists and Financiers Guilty of War Crimes?
- Conclusions: The Pervasive Influence of International Bankers; Is the United States Ruled by a Dictatorial Elite? The New York Elite as a Subversive Force; The Slowly Emerging Revisionist Truth.
Beginning in 1935, GM built a factory in Berlin for the purpose of manufacturing "Blitz" trucks for the Wehrmacht. Ford began building similar trucks around the same time, but GM was the number one producer of the vehicles that were vital for the quick conquests of Poland, France, and much of the Soviet Union. Albert Speer, the minister of armaments and war production, claimed that the rubber GM supplied was the key to the ability of the Germans to wage war the way they did. [2]
In July 1938, before the outbreak of war, the German consul at Cleveland gave Ford, on his 75th birthday, the award of the Grand Cross of the German Eagle, the highest medal Nazi Germany could bestow on a foreigner. General Motors and Ford controlled 70 percent of the German car market at the outbreak of war in 1939 and rapidly retooled themselves to become suppliers of war materiel to the German army. American managers of both GM and Ford went along with the conversion of their German plants to military production at a time when U.S. government documents show they were still resisting calls by the Roosevelt administration to step up military production in their plants at home.[2] In 1998, it came out that the Third Reich was providing Ford's factory in Cologne with 1,200 Russian slaves.[3]
Your author would never buy a Ford or General Motors built automobile.
In 1941, Alcoa had a monopoly on aluminum in addition to owning a massive amount of America's electricity production and other minerals. It sent so much of its aluminum product over to Germany that when the US involvement in the war began, there was a massive aluminum production shortage in America. Alcoa essentially sold the Axis powers much of the material to build their war machines. [The Nazi Hydra in America. Suppressed History of a Century - Wall Street and the Rise of the Fourth Reich, Glen Yeadon with John Hawkins, Progressive Press, 2008]
During the early 1930s, Fritz Thyssen ran a business that he used to help finance Adolf Hitler's rise to power. Brown Brothers Harriman was a subsidiary company that he used as a base of American operations. Prescott Bush, father of Ex-President George Bush and of course grandfather of Ex-President George W. Bush, was on the board of directors for BBH and his business dealings continued until his company's assets were seized by the federal government in 1942 under the Trading with the Enemy Act. [Nazi Nexus: America's Corporate Connections to Hitler's Holocaust Paperback - February 16, 2009, by Edwin Black
Dow Chemical was one of the companies that provided an insane amount materials for the Nazis, including not only raw materials but also American technological innovations in regards to oil refinery.
The Chase Manhattan Bank's form of colluding with the Reich was particularly heinous. It functions as the bank for foreign transactions for fascist Vichy France, and because Carlos Niedermann, Chase's representative in Paris, had very good personal relations with the Nazis, he agreed to their requests that the bank seize the assets of at least one hundred Parisian Jews that were considered especially worth pursuing by the Reich. This doubtless helped the Gestapo capture those people. Chase Manhattan was hardly alone in this, though. In 1998, the company was part of a suit demanding reparations from J.P. Morgan and Citibank for the millions of dollars stolen during the war.
Yours truly would not have the stomach to open an account in a Chase Manhattan bank.
How the Allied multinationals supplied Nazi Germany even throughout World War II is detailed in "Trading With the Enemy: An Expose of The Nazi-American Money-Plot 1933-1949"- by Charles Higham; Hale , London, 1983. Charles Higham is the son of a former UK MP and Cabinet member.
"Behind the patriotic propaganda that encouraged the working class to slaughter each other, war means business as usual for international capital. Higham starts with an account of the Bank for International Settlements in Basel, Switzerland - a Nazi-controlled bank presided over by an American, Thomas H. McKittrick, even in 1944. While Americans were dying in the war, McKittrick sat down with his German, Japanese, Italian, British and American executive staff to discuss the gold bars that had been sent to the Bank earlier that year by the Nazi government for use by its leaders after the war. This was gold that had been looted from the banks of Austria, Belgium, and Czechoslovakia or melted down from teeth fillings, eyeglass frames, and wedding rings of millions of murdered Jews."
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